value 2.00 points Exercise 3-5 Prepare T-Accounts [LO3-5, LO3-7 Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories a $75,500 in raw materials were purchased for cash. b.$71,900 in raw materials were requisitioned for use in production. Of this amount, 566,500 was for direct materials and the remainder was for indirect materials. c Total labor wages of S151.700 were incurred and paid Of this amount $134,000 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $125.200 were incurred and paid e. Manufacturing overhead costs of $122 300 were applied to jobs using the company's predetermined overhead rate g Any underapplied or overapplied overhead for the period was closed out to Cost of Goods Sold Required: f. All of the jobs in progress at the end of the month were completed and shipped to customers. 1. Post the above transactions to T-accounts Beg. Bal Beg Bal